25 Bank Street, Nantucket, MA 02554

25 Bank Street Nantucket MA 02554
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Owner Information
Owner 1
Paul Benk
Owner 2
Lauri Benk
Owner's Address
Pending Verification ,
Market Sale Information
Most recent sale date
8/31/2023
Previous sale date
1/28/2021
Transfer document #
D177775-0
Previous transfer document
C28141-
Grantor
Beach Bucket LLC
Previous grantor
Benk Holdings LLC
Most recent sale price
$2,000,000.00
Previous sale price
$900,000.00
Site Information
Property ID
7313-51
Lot Size
0.03
Use Code
101 - Residential, single family
Zoning
SOH
Building Style
Conventional
Number of Rooms
Stories
1.75
Number of Beds
1
Year Built
1910
Number of full baths
1
Condition
Number of half baths
Finished Area
615
Number of Kitchen
1
Gross Living Area
966
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall/Sheet
Floor type
Hardwood, Carpet
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Gas
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2025
Land Value
$684,700.00
Total value
$1,424,800.00
Building value
$740,100.00
Estimated tax
$4,673.00
Yard improvement value
$0.00
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Certified Mass Appraisal
20082009201020112012201320142015201620172018201920202021202220232024$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Total Assessment ($)ImprovementsLandBuildingTotal Assessment
Comparable Properties
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25 Bank Street$0$200,000$400,000$600,000$800,000$1,000,000$1,200,000$1,400,000$1,600,000Subject PropertyTotal Assessment ($)Total Assessment
Address 25 Bank Street
Photo
Plan
Map
Proximity
Last Sold
Price
Net Living Area
Stories
Sale Price/sft $3,252.03
Style Conventional
Age 1910
Rooms
Bedrooms 1
Full baths 1
Half baths
Gross Living Area 966
Heating Fuel Forced Air-Duc
Detached Garage
Lot Size 0.03
Roof Cover Asph/F Gls/Cmp
AEM Value - Building $740,100.00
AEM Value - Land $684,700.00
AEM Value - Other $0.00
AEM Value - Total $1,424,800.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 25 Bank Street 8/31/2023 $2,000,000 0 Conventional 615 0.03 1 1- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
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Subject Property2 North Gully Road31 Codfish Park Road1 Jackson Street10 North Gully Road29 Shell Street12 Center Sias Street0 North Gully Road-Off16 Broadway25 Bank Street10 Center Sias Street0 North Gully Road-Off40 Shell Street14 Broadway15 Broadway14 Center Sias Street18 Broadway21 Broadway13 Broadway23 Broadway17 Broadway20 Broadway25 Broadway22 Broadway19 Broadway24 Broadway20 Center Sias Street18 Center Sias Street$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000Total Assessment ($)Total Assessment
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 25 Bank Street 8/31/2023 $2,000,000 0 Conventional 615 0.03 1 1- -
  Criteria
A 23-R Bank Street 9/25/2009 $794,000 0.0 Cape Cod 756 0.04 2 2-
B 27 Bank Street 11/21/2001 $0 0.0 Conventional 1,141 0.08 3 1-
C 23 Front Street 9/5/2024 $2,755,000 0.0 Vacant Land 0.03 -
D 23 Bank Street 10/1/2024 $3,995,000 0.0 Custom Built 1,247 0.13 2 2-1
E 29 Bank Street 7/6/2022 $0 0.0 Colonial 1,504 0.07 4 4-
F 8 North Gully Road 8/15/2023 $3,595,000 0.0 Colonial 627 0.06 2 2-
G 21 Bank Street 5/17/2019 $1,070,000 0.0 Bungalow 547 0.06 2 1-
H 23 Front Street-Lot 93 10/25/2017 $0 0.0 Antique 1,344 0.04 4 1-
I 34 Codfish Park Road 12/18/2020 $3,695,000 0.0 Custom Built 2,649 0.11 5 5-1
J 27 Broadway 10/7/2021 $0 0.0 Antique 2,340 0.12 3 3-
K 32 Codfish Park Road 3/20/2006 $0 0.0 Bungalow 892 0.09 3 1-
L 10 North Gully Road 12/28/1977 $0 0.0 Vacant Land 0.03 -
M 36 Codfish Park Road 5/16/2017 $0 0.0 Colonial 1,460 0.11 2 2-1
N 21 Front Street 8/2/1999 $875,000 0.0 Antique 2,355 0.05 5 3-
O 30 Codfish Park Road 12/18/2020 $2,600,000 0.0 Cottage 812 0.12 2 2-
P 29 Broadway 12/9/2004 $0 0.0 Antique 3,544 0.21 4 3-1
Q 19 Front Street 11/23/2021 $0 0.0 Antique 2,575 0.11 5 3-1
R 25 Broadway 6/30/2015 $800,000 0.0 Antique 2,652 0.03 4 4-1
S 5 North Gully Road $0 0.0 Vacant Land 0.02 -
T 19 Bank Street 8/9/2021 $2,900,000 0.0 Antique 1,607 0.08 4 2-1
U 23 Broadway 10/12/2006 $0 0.0 Antique 1,319 0.04 4 2-
V 0 North Gully Road-Off 3/17/2021 $1,850,000 0.0 Vacant Land 0.23 -
W 7 Jackson Street 6/3/2016 $0 0.0 Ranch 1,136 0.15 2 2-1
X 27 Shell Street 5/23/2013 $222,222 0.0 Custom Built 4,810 0.43 5 5-1
Y 7 North Gully Road 4/24/2019 $1,850,000 0.0 Vacant Land 0.23 -
Z 26 Broadway 8/29/2006 $1,350,000 0.0 Antique 1,193 0.1 4 1-1
- 3 North Gully Road 9/16/2014 $2,450,000 0.0 Conventional 1,319 0.11 2 3-
- 24 Broadway 8/18/2020 $0 0.0 Conventional 1,849 0.05 5 2-1
- 15 Front Street 10/31/2014 $0 0.0 Antique 1,372 0.09 4 1-1
- 21 Broadway 7/6/2006 $1,925,000 0.0 Antique 1,436 0.03 6 2-
- 22 Broadway 9/30/2015 $1,350,000 0.0 Conventional 1,193 0.04 4 2-
- 8 Jackson Street Unit 1 8/18/2010 $0 0.0 Condominium 520 0 2 1-
- 6 Jackson Street Unit 2 3/10/2015 $500,000 0.0 Condominium 522 0 2 1-
- 0 North Gully Road-Off 12/30/1993 $0 0.0 Vacant Land 0.11 -
- 26 Codfish Park Road 6/10/2016 $810,900 0.1 Cottage 648 0.08 3 2-1
- 15 Bank Street 6/17/2013 $945,000 0.1 Antique 825 0.08 3 1-
- 31 Codfish Park Road 8/12/1993 $0 0.1 Vacant Land 0 -
- 19 Broadway 12/12/2019 $1,100,000 0.1 Conventional 1,590 0.04 4 2-1
- 20 Broadway 6/10/2013 $0 0.1 Conventional 1,526 0.07 4 2-
- 5 Jackson Street 12/4/2006 $0 0.1 Vacant Land 0.1 -
- 20 Center Sias Street 12/6/2022 $0 0.1 Antique 1,993 0.11 5 2-1
- 33 Shell Street 12/30/1993 $0 0.1 Conventional 1,996 0.21 5 4-
- 25 Shell Street 10/8/2013 $0 0.1 Bungalow 1,093 0.05 3 2-
- 13 Front Street 9/9/2004 $0 0.1 Antique 1,733 0.1 5 3-1
- 35 Shell Street 12/30/1993 $0 0.1 Colonial 5,373 0.35 5 5-
- 18 Center Sias Street 10/18/2021 $1,300,000 0.1 Conventional 1,978 0.06 5 2-1
- 7 Fawcett Way 8/19/1998 $159,000 0.1 Conventional 1,307 0.06 2 2-1
- 17 Broadway 11/20/2019 $960,000 0.1 Colonial 2,314 0.04 5 2-
- 2 North Gully Road 8/2/1993 $0 0.1 Vacant Land 0.18 -
- 29 Shell Street $0 0.1 Vacant Land 0.04 -
- 18 Broadway 4/12/1994 $102,847 0.1 Conventional 1,345 0.04 4 2-
- 1 Jackson Street $0 0.1 Vacant Land 0 -
- 24 Codfish Park Road 2/1/2013 $715,000 0.1 Cottage 724 0.04 2 1-
- 25 Codfish Park Road $0 0.1 Vacant Land 0.15 -
- 13 Bank Street 11/28/2016 $781,000 0.1 Cottage 692 0.05 1 1-
- 14 Center Sias Street 9/16/2019 $0 0.1 Antique 2,482 0.04 3 2-1
- 37 Shell Street 12/30/1993 $0 0.1 Outbuildings 0.1 -
- 20 Shell Street 2/5/2025 $1,715,000 0.1 Conventional 894 0.07 2 1-
- 2 King Street 9/13/2019 $1,280,000 0.1 Bungalow 1,064 0.06 3 2-
- 15 Broadway 10/15/2015 $1,095,000 0.1 Antique 1,526 0.03 3 3-
- 26 Shell Street 10/1/1992 $150,000 0.1 Antique 866 0.12 2 1-
- 11 Bank Street 5/12/2004 $0 0.1 Conventional 1,139 0.17 3 2-
- 11 Front Street 1/26/2012 $2,180,000 0.1 Colonial 1,366 0.12 3 2-
- 16 Broadway 9/6/1996 $0 0.1 Bungalow 1,029 0.04 2 2-1
- 0 Shell Street 12/12/1985 $175,000 0.1 Vacant Land 1.92 -
- 31 Shell Street 2/19/2020 $0 0.1 Conventional 1,189 0.08 4 2-
- 28 Shell Street 9/26/2014 $867,772 0.1 Antique 2,276 0.13 4 4-1
- 12 Center Sias Street $0 0.1 Bungalow 1,205 0.03 3 2-
- 14 Shell Street 7/11/2019 $0 0.1 Colonial 1,154 0.03 2 2-
- 39 Shell Street $0 0.1 Conventional 1,573 0.12 3 3-
- 13 Broadway 10/25/2013 $0 0.1 Antique 1,625 0.05 3 1-1
- 4 King Street 2/16/2021 $0 0.1 Ranch 528 0.03 1 1-
- 14 Broadway 5/23/2011 $885,000 0.1 Antique 1,153 0.05 3 2-
- 18 Shell Street 10/23/2015 $0 0.1 Cottage 650 0.07 1 1-
- 10 Center Sias Street 9/10/2024 $1,675,000 0.1 Conventional 972 0.03 3 1-
- 43 Shell Street 4/21/1995 $0 0.1 Conventional 2,255 1.25 4 1-
- 12 Shell Street 3/7/2022 $100,000 0.1 Custom Built 1,855 0.05 4 3-
- 41 Shell Street $0 0.1 Conventional 1,439 0.12 3 3-
- 16 Shell Street 1/13/2011 $0 0.1 Antique 1,150 0.14 4 1-1
- 21 Codfish Park Road 1/20/1999 $0 0.1 Vacant Land 0.02 -
- 9 Beach Street 8/20/2014 $0 0.1 Cape Cod 1,410 0.12 3 3-
- 11 Broadway 12/11/2012 $0 0.1 Antique 1,902 0.03 5 2-
- 36 Shell Street 12/23/2009 $1,499,000 0.1 Colonial 3,596 0.18 5 4-1
- 8 Bank Street 10/5/2020 $683,000 0.1 Bungalow 387 0.03 1 1-
- 7 King Street 3/6/2020 $3,000,000 0.1 Colonial 2,647 0.43 3 3-1
- 15 Beach Street 6/13/2008 $0 0.1 Bungalow 1,320 0.1 2 2-
- 11 Beach Street 10/22/2020 $670,000 0.1 Cottage 456 0.02 2 1-
- 6 King Street 3/11/2021 $0 0.1 Cape Cod 896 0.08 3 2-
- 7 Beach Street 3/1/2000 $240,000 0.1 Bungalow 666 0.06 2 2-
- 9 Front Street 3/18/2021 $2,350,000 0.1 Vacant Land 0.01 -
- 1 Fawcett Way 1/3/1994 $0 0.1 Vacant Land 0.2 -
- 5 Folgers Court 10/31/2022 $1,600,000 0.1 Conventional 823 0.03 2 1-1
- 32 Shell Street 6/13/1990 $0 0.1 Vacant Land 0.41 -
- 6 Folgers Court 6/27/2022 $0 0.1 Ranch 1,248 0.2 4 2-
- 8 Center Sias Street 1/10/2019 $1,330,000 0.1 Antique 1,541 0.03 4 2-
- 10 Broadway 9/27/2017 $0 0.1 Antique 1,003 0.08 3 2-
- 9 Broadway 3/18/2021 $2,350,000 0.1 Conventional 1,775 0.04 3 3-
- 2 Nosegay Lane 7/7/2016 $0 0.1 Custom Built 5,932 1.5 6 5-1
- 3 Folgers Court 11/3/2006 $250,000 0.1 Vacant Land 0.01 -
- 5 Codfish Park Road 8/2/1993 $0 0.1 Vacant Land 3.7 -
- 1 Folgers Court $0 0.1 Other Municipa 332 0.01 0 0-
- 40 Shell Street 8/27/2012 $0 0.1 Bungalow 1,692 0.16 4 1-1
- 7 Front Street 1/2/1991 $100 0.1 Cape Cod 1,002 0.06 3 1-1
- 38 Shell Street 8/23/2010 $0 0.1 Conventional 2,497 0.41 4 3-
- 8 Broadway 9/7/2017 $1,550,000 0.1 Antique 1,255 0.04 4 2-
- 1 New Sias Street 12/23/2013 $1,525,000 0.1 Aptovrret/Off 1,799 0.21 4 2-
- 7 Bank Street 6/19/2020 $1,050,000 0.1 Conventional 1,243 0.05 2 2-1
- 10 Beach Street 10/17/2019 $600,000 0.1 Cape Cod 934 0.05 1 2-1
- 8 King Street 10/9/2001 $0 0.1 Conventional 1,884 0.31 3 2-
- 7 Broadway 10/14/1999 $640,000 0.1 Antique 615 0.04 3 1-
- 9-R New Sias Street 3/9/2006 $0 0.1 Vacant Land 0.18 -
- 42 Shell Street 4/15/2021 $2,825,000 0.1 Cape Cod 3,193 0.13 3 3-1
- 6 Broadway 10/7/2002 $650,000 0.1 Antique 696 0.04 2 1-
- 16 Codfish Park Road 7/12/2011 $0 0.1 Conventional 1,224 0.11 2 2-
- 5 Bank Street 7/31/2020 $0 0.1 Bungalow 466 0.05 1 1-
- 0 New Sias Street 11/14/2016 $1,124,100 0.1 Conventional 1,782 0.04 2 3-
- 1 Nosegay Lane 8/16/2001 $0 0.1 Custom Built 4,312 0.22 5 6-
- 3 New Sias Street 10/27/2020 $1,475,000 0.1 Antique 1,704 0.1 2 2-
- 5 Front Street 12/28/1992 $0 0.1 Vacant Land 0.04 -
- 6 Center Sias Street 8/18/2023 $2,650,000 0.1 Antique 1,246 0.03 3 2-
- 5 Broadway 12/28/1992 $0 0.1 Bungalow 462 0.07 1 1-
- 12 Codfish Park Road 4/7/2021 $1,850,000 0.1 Cape Cod 1,457 0.11 2 2-
- 1 Bank Street 6/26/2009 $0 0.1 Colonial 812 0.07 3 1-
- 9 King Street 9/24/2019 $0 0.1 Conventional 2,819 0.11 4 3-1
- 44 Shell Street 3/8/2013 $0 0.1 Conventional 1,828 0.16 4 1-1
- 10 King Street 12/13/2011 $1,300,000 0.1 Conventional 1,669 0.2 3 1-
- 4 Broadway $0 0.1 Antique 738 0.06 2 1-
- 2 New Sias Street 8/31/2021 $0 0.1 Bungalow 930 0.08 3 1-
- 4 Coffin Sias Street 11/17/2017 $1,000,000 0.1 Ranch 2,747 0.23 3 4-
- 4 Shell Street 9/24/2008 $2,200,000 0.1 Colonial 1,945 0.1 3 2-
- 5 New Sias Street 5/26/2022 $0 0.1 Conventional 1,766 0.11 3 3-
- 0 Sankaty Road 10/20/2015 $1,584,800 0.1 Colonial 2,512 0.12 3 3-1
- 3 Nosegay Lane 1/26/1994 $10 0.1 Colonial 2,699 0.56 6 5-
- 10 Codfish Park Road $250,000 0.1 Outbuildings 0.2 -
Averages 5039 days $655,364 0.07 --- 1,307 0.16 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
7313 51 25 Bank Street